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LPL CEO claims 'prize' 'anti-LPL' Commonwealth for just $2.7 billion, but the price will rise, experts say, to retain its advisors conditioned to know LPL as a place with subpar service, culture

Only about four months into his job, Rich Steinmeier pulled off a coup, but poachers may smell blood, too.

Author Brooke Southall April 1, 2025 at 12:55 AM
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Rich Steinmeier: Commonwealth is respected throughout our industry as a standard-bearer for service excellence.
Keith Girard contributed to the editing of this article.

LPL Financial

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Commonwealth Financial



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January 2, 2025 at 10:49 PM

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October 3, 2024 at 3:08 AM

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Mentioned in this article:

LPL Financial
RIA-Friendly Broker-Dealer, RIA Welcoming Breakaways, Advisory Firm
Top Executive: Dan Arnold



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